#politics

Posts mentioning hashtag #politics

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Congrats to all! President Trump announces a 10% stake in intel by US Govt

This will be the first step to ensure continuous innovation and cash flow. Now we have hitched ourselves to US taxpayers to maintain competitive advantage.

Those garbage companies like AMD and TSMC must be shivering already in their taiwanese sweatshops.

Next step is to improve yields. Intel will surpass garbage AMD soon wait and watch

Buy American, Hire American.


At least 600 CDC employees are getting final termination notices

At least 600 employees of the Centers for Disease Control and Prevention are receiving permanent termination notices in the wake of a recent court decision that protected some CDC employees from layoffs but not others.

The notices went out this week and many people have not yet received them, according to the American Federation of Government Employees, which represents more than 2,000 dues-paying members at CDC.

https://www.nbcnews.com/politics/trump-administration/least-600-cdc-employees-are-getting-final-termination-notices-union-sa-rcna226252


A Circus, Not a Career

NI / NSI / PIP = yearly contract renewal – Every damn year people live in fear like contractors. One bad rating and you’re out. Zero stability.
•   Sycophants rule – If you know how to l___ b____, you get any role you want. Skills and hard work don’t matter here.
•   Indian supervisors – The biggest cl___s. Non-transparent, arrogant, manipulative, and treat people like d__t. Absolute sh___eads.
•   No per diem offshore – Imagine going offshore and not even getting basic allowances. ExxonMobil doesn’t care, you’re just a number.
•   BTC hiring joke – They keep hiring in BTC without defining roles. Just adding headcount for show. Chaos everywhere.
•   Supervisors shuffle every 6 months – New boss, new story, new “collaboration” n______e. By the time you adjust, they rotate again.
•   Americans = presentation kings – Most of them don’t know real work. They only know how to make fancy slides and complete projects “on PowerPoint.” When things fail, they blame BTC for “taking jobs.”
•   No career path – Don’t expect growth here. There’s no direction, no roadmap, only confusion.
•   Culture of show-offs – If you can talk b__g and polish slides, you’ll shine. If you do actual work, you’ll r__t in the same spot.

👉 ExxonMobil doesn’t belong to employees, doesn’t belong to BTC, doesn’t belong to America — it belongs to a bunch of ah_ supervisors and s_nts who know how to game the system. Everyone else is disposable.


With Trump's 401k Expansion order, how will the Fidelity 401k change?

Been away from Fidelity for a while. I was wondering if the 401k expansion order the current cabinet is working on will effect how Fidelity's 401ks work.

As far as I know, it's just a bill, so nothing is guaranteed. But, if the bill passes, then 401ks will ideally have more potentially asset options to invest in. Those would be private market, real estate, cryptocurrency funds (NOT actual crypto), commodities (physical gold or gold contracts), infrastructure financing, and income. The Department of Labor is now working with the SEC to see how many of the 6 things can pass. Again, we don't know if any of them will pass. But if some of them do pass, then it'll be up to the employer to decide which of the options that are passed can be invested in.

So let's speculate. Of the six potential options, IF they become a real thing, which investing options would Abby and co. offer to Fidelity employees for their 401k? There's a lot of hulabaloo about the current state of dynamic work, but would this make Fidelity a more attractive place to work?

I know I mentioned this is the trump administration, but let's please keep political opinions out of this.

I love this video for reference, although I'm good at budgeting and financial literacy, I'm not THAT good. Plus, anyone can use this for educational purposes, too: https://www.youtube.com/watch?v=5WzlS8qEIKw


Ohio politicians are pi$$ed

https://www.news5cleveland.com/news/politics/ohio-politics/ohios-intel-plant-has-been-stalled-for-years-now-trump-moreno-husted-are-getting-involved-heres-why#google_vignette

Ohio's U.S. Senator Bernie Moreno has joined President Donald Trump in asking for tech giant Intel's CEO to resign due to his reported ties to the Chinese government. Moreno has also asked for a fraud investigation into Intel's continued delays on the state's long-awaited semiconductor manufacturing plant.


Constructive Dismissal

“Occurs when an employer makes an employee's working conditions so intolerable that the employee feels compelled to resign.” I’m a senior manager whose role was changed to essentially degrading admin work this year, through no fault of my own — politics rule in toxic workplaces. Anyone else hanging on by a thread with how they are being treated and hoping for a severance package by EOY?


Should I report this to HR?

What should I do?

My manager plays a lot of #politics with the team and plays the divide and rule card perfectly.

The team's morale is low and many in the team are of the opinion that the manager favors some and plays politics.

I joined this team right after college, was promoted 4 yrs ago and was told to keep continuing the hard work.

#Motivated, I worked even harder to prove my worth but my manager's politics interfered a lot.

At times I even disagreed with the tactics and soon figured out I wasn't among favorites.

Needless to say, my ratings are mediocre at best now, a #browniepoint here or there, a #gold star and a #participationtrophy.

The reasons I get is "you just got promoted", "there are others that need to be promoted", "you are among the top but need to wait another year" and again "you are almost there but no there yet".

I am certain that going forward, I am not going to be happy since there are others who are getting promoted just because they are the manager's favorites.

Should I go to the HR?

I do not have anything to prove against him and I feel frustrated, please advise.

How Politics run Chevron - the bureaucracy is killing us

Its sad but very true. #Politics do play into who's being laid off. Recently I have seen many good people getting moved into roles that are clearly a backwards step in their careers and others who have no experience nor demonstrated they are capable of producing better being promoted to senior positions.

These things happen at all companies but the toxic environment at Chevron has seen managers stick up for their friends and punish workers who continuously out performed their co-workers and make their mates look insufficient.

Even 1.0+ rated individuals are at risk if their are not best friends with certain managers. Pure #GOLD

How we stick it to ya

How we creatively fire you!!!

For a skilled senior manager within BofA, firing someone is a pretty straightforward exercise. It just takes a bit of patience and an ability to game the system of documenting alleged shortcomings by the chosen employee. I witnessed a well-orchestrated hit on a Band 3 work to perfection starting with a coordinated assault using the 360 review process followed up by interim reviews with negative business partner input (pre-arranged) that led to a DNM on the How. Follow that up with an impossible to meet Corrective Action Plan, and your decision to fire can be bullet proof. In an environment like we have today where managers have every incentive to cut staff, the task gets easier. You just need to force rank someone as a weak "Meets/Meets" and when the next round of layoffs arrives you have his/her head on a platter. This is not and never has been about fairness or doing the right thing. It is realpolitik BofAML style.


Trump is missing the biggest offshoring companies

http://finance.yahoo.com/news/trump-is-missing-the-biggest-offshoring-companies-150924712.html

"Such filings indicate that at least 450 IBM workers have lost their jobs since the beginning of 2015 because the company moved the work overseas. But the real number is most likely higher, since one-third of the filings either don’t say how many workers were affected or contain redactions that obscure the information. One filing, on behalf of laid-off workers in Connecticut, said 'IBM refuses to provide this information.'"

.

"IBM moved American jobs to India, China, Bulgaria, Egypt, Brazil and Costa Rica, according to the filings. On some of the forms, workers indicated they were required to train their foreign replacements in order to receive severance pay. 'We were managers who laid off our staff (and then were let go too),' one petition reads. 'My staff was, at its peak, a couple hundred people. We were only part of the large scale movement of production from IBM’s GTS [Global Technology Services] organization in the US to India.'"

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"A handful of companies stood out. The 24 TAA petitions relating to IBM were far more than any other company we looked into,. . ."